The control premium comes from the interest of the buyer, who understands that the company is not being properly managed and agrees to pay a premium on the acquisition of the company because he believes he will be able to manage better and generate more profits. This premium is paid for the controller to dispose of the shares / quotas. This means that there is no premium for minority shareholders, except when clauses guarantee certain rights for minority shareholders. The rule of 20% as a premium for control is not true, as this depends on how much the company can…Read more